Lamar Haven Inc.

“Expenses office supplies 981 telephone, internet, & misc 3,511 property & liab insurance 2,484 operating & maint supplie 5,848 maintenance contracts 235 garbage and trash removal 3,298 vehicle maintenance 385 misc maintenance expenses 4,481 utilities 7,628 misc 263 non-investment depreciation 9,889 total 39,003”

“Accounts receivable 50 50 land improvements 54,173 54,173 building 277,711 293,426 building eqpt - portable 10,093 10,557 furniture for project use 12,846 12,846 office furniture and equipment 9,985 9,985 accum deppreciation, bulk 0 0 less accumulated depreciation 223,751 233,640 restricted deposits 0 0 tenant security deposit acct 996 1,275 insurance escrow acct 841 749 reserve for relacements acct 18,292 12,702 residual receipts acct 18,300 12,350 other receivable (arcflm) 0 2,247 total 179,536 176,720”

“Accounts payable and accrued expenses 2,768 1,544 945 1,236 mortgage and other notes payable 300,800 300,800”

“Group home financed primarily by a u. S. Dept of hud section 811 capital advance agreement. The home serves as the residence for 6 mentally retarded persons. Tenants have their rents subsidized in part by a section 811 subsidy. During fy 2016, the group home encountered a 83% occupancy rate.”